Binary System

Digital
Digital technology uses a limited, predetermined numbering system to measure or represent the flow of data. Digital computers, for instance, use binary digits 1 (on) and 0 (off) to represent all types of data.
Gigabyte (GB)
A Gigabyte (GB) is a unit of digital storage in computers, equating to 2^30^ or approximately one billion bytes.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.